Question

(f. 53v) A merchant has 40 marks of silver alloy [one mark is 8 ounces] with...

(f. 53v) A merchant has 40 marks of silver alloy [one mark is 8 ounces] with 6 and 1/2 ounces per of pure silver per mark. And he has 56 marks of another alloy, with 5 ounces of pure silver per mark. And he wants to make all of this into coinage which will contain 4 and 1/2 ounces of pure silver per mark. I ask how much coinage he will produce and how much copper he will have to add. [Answer: The amount of coinage he can produce is 120 marks. The amount of copper he must add is 24 marks]

show work

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Chalcopyrite (CuReS2) is the principle one of copper and the iron contained is an important byproduct....
Chalcopyrite (CuReS2) is the principle one of copper and the iron contained is an important byproduct. The silver, however, is burned in oxygen to produce suffer dioxide, an environmental pollutant. 1.) Calculate the number of grams of copper contained in 30.0 kilograms of pure chalcopyrite. 2.) At $0.03 per gram for iron, how much would the iron extracted from the same 30 kilograms of chalcopyrite be worth? 3.) How many grams of silver dioxide will be produced during the conversion...
Question 2. (8 Marks) Case 6 (1 Mark) A company has fixed costs of $90,000. Its...
Question 2. Case 6 (1 Mark) A company has fixed costs of $90,000. Its contribution margin ratio is 30% and the product sells for $75 per unit. What is the company's break-even point in dollar sales? Case 7 (1 Mark) Lee Company manufactures and sells widgets for $2.00 per unit. Its variable cost per unit is $1.70. Lee's total fixed costs are $10,500. If the Company wants a profit of $20,000 what is the sales revenue required? Case 8 (1...
1. A motorcycle dealer has 9 adventure bikes for sale. She wants to mark down two...
1. A motorcycle dealer has 9 adventure bikes for sale. She wants to mark down two of these for a special sale. How many different pairs of these nine adventure bikes are possible, if she randomly selects two to feature in the sale? 2. Suppose Babies' birth weights follow normal distribution with a mean of 120 ounces and a standard deviation of 20 ounces. Approximately what proportion of babies will weigh between 5 and 7.5 pounds at birth? 3. The...
Problem 1: Properties of Options (8 marks) The price of a European put that expires in...
Problem 1: Properties of Options The price of a European put that expires in six months and has a strike price of $100 is $3.59. The underlying stock price is $102, and a dividend of $1.50 is expected in four months. The term structure is flat, with all risk-free interest rates being 8% (cont. comp.). a. What is the price of a European call option on the same stock that expires in six months and has a strike price of...
Question-3 [10 marks] A local electricity company has a demand curve of P = 120 –...
Question-3 [10 marks] A local electricity company has a demand curve of P = 120 – 4Q. Average Cost = 400/Q + 4, with MC of $4 per unit. a. Is this firm a natural monopoly? [1] b. What is the socially optimal level of production and price? [2] c. Redo part b if it is a monopoly. [2] d. How much subsidy should the government give to this firm if it regulates it to charge marginal cost? [3] e....
Part C: Calculation Question [40 marks] ⦁   The schedule below shows the number of packs of...
Part C: Calculation Question [40 marks] ⦁   The schedule below shows the number of packs of bagels bought in Sydney, each day at a variety of prices. Price of Bagels ($/pack) Number of packs purchased per day 20 0 16 1 12 2 8 3 4 4 0 5 ⦁   Graph the daily demand curve for packs of bagels in Sydney. (5 mark) ⦁   Calculate the price elasticity of demand at a point on the demand curve where the price...
Merchandising has come a long way from the days when “marks” were carved on silver goblets...
Merchandising has come a long way from the days when “marks” were carved on silver goblets or earthenware jugs to identify the wares produced by a certain silversmith or potter. Their traditional role was to create a link in the prospective buyer’s mind between the product and the producer. The power of attraction of trade-marks and other “famous brand names” is now recognized as among the most valuable of business assets. However, whatever their commercial evolution, the legal purpose of...
Question 1 30 marks You are the manager of Compounders Ltd. The company mixes compound for...
Question 1 30 marks You are the manager of Compounders Ltd. The company mixes compound for smaller plastic extrusion companies. Compounders Ltd has six (6) mixing machines with a maximum capacity (100%) of 250 ton per machine. However, due to power cuts, the machines are currently being operated at 75% of installed capacity. One (1) ton of a compound mixture consists of two (2) raw materials: 0.7 ton of Electrolyte and 0.3 ton of Copper Wire. Assume no wastage. There...
Mark from Mark's Mowers wants to make some changes to his business. He has asked each...
Mark from Mark's Mowers wants to make some changes to his business. He has asked each of his department managers (Production, Marketing and Sales) to submit a plan for growth to you the General Manager. Currently Mark is selling 500 lawn mowers a month at $250 each. His variable cost per lawnmower is $180 each. His fixed cost per month are $ 25,000. For purposes of this project assume that each scenario is within the relevant range (no larger space...
Mark all that apply, each question may have more than one answer. 1. Common stock holders...
Mark all that apply, each question may have more than one answer. 1. Common stock holders are designated certain legal rights and privileges, which of the following is not one of these rights. a. A common stockholder has the right to elect the directors. A shareholders influence is proportional to the shareholders ownership of the firm. b. Individual stock holders have a right to determine how much of their share of earnings they will receive. c. A common shareholder can...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT